BASF IT Services sees turnover drop to 360m Euros

BASF IT Services looks optimistic despite turnover drop to £325m BASF IT Services has said it is optimistic about 2010 after a 12% drop in turnover...

BASF IT Services has said it is optimistic about 2010 after a 12% drop in turnover during 2009.

The fall was blamed on customers significantly cutting their IT budgets which reduced total turnover to 360 million Euros (£325m).

Customers outside the BASF group made up 11% of turnover, with the rest coming from within the chemical giant.

Andreas Biermann, managing director of BASF IT Services, said, "In spite of the adverse circumstances, we were still successful in the IT services market and look forward to the future with optimism."

The Business Solutions and Managed Services division operates 3,800 servers for 60,000 users in 280 locations.

In 2010 it will focus on application management services and SAP supply chain management, a logistics solution covering planning and control.

BASF's recent major projects have been within the group: integrating Ciba - the global effects company recently acquired by BASF - into BASF's IT system; providing support for its Accelerator project which will harmonise and optimise its global planning processes; and migrating 70 SAP systems to new servers at BASF and standardised servers at 49 of its subsidiaries in Asia and the Pacific.

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